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Feb 15, 2013 4:30am EST
the biggest activity since 2007. on thursday we had american airlines and u.s. airways announcing an $11 billion, an investment group buying heinz but the flurry of deals did not impress wall street. stocks barely budged. the dow fell nine and a half points to close just under 14,000 at 13,973. nasdaq inched up nearly 2 points and the s&p 500 gained a little more than a point. back to the heinz deal. billionaire investor warren buffett has teamed up with 3g capital to buy h.j. heinz. they're working with a brazilian group of investors on the deal but the takeover has to be approved by heinz' shareholders. investors continue to have faith in their 401(k) retirement funds. balances reached record highs last year with an average balance of just over $77,000. stock market gains accounted for about two-thirds of this increase while one-third came from workers increasing their 401(k) contributions. >>> toyota will pay millions as part of its settlement for its safety recalls. the japanese automaker will pay $29 million to 29 states and american sow samoa. -- american samoa. toyota promised to
Search Results 0 to 0 of about 1